Common use of Co-Employment of Senior Executives Clause in Contracts

Co-Employment of Senior Executives. The parties acknowledge and agree that certain senior executives of the Company may be employees of both the Company and RMR. Each party shall be solely responsible for payment of compensation to such senior executives for services rendered to or on behalf of such party.

Appears in 3 contracts

Samples: Shared Services Agreement (Five Star Quality Care Inc), Shared Services Agreement (Five Star Quality Care Inc), Management and Shared Services Agreement (Travelcenters of America LLC)

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Co-Employment of Senior Executives. The parties acknowledge and agree that certain senior executives of the Company may be employees of both the Company and RMR. Each party of the Company and RMR shall be solely responsible for payment of compensation to such senior executives for services rendered to or on behalf of such party in their capacity as an employee of such party.

Appears in 2 contracts

Samples: Management and Shared Services Agreement (Travelcenters of America LLC), Management and Shared Services Agreement (Travelcenters of America LLC)

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